K Yasmin Company budgeted direct materials purchases of $191,640 in January and $138,610 in February. Assume Yasmin pays for direct materials purchases 40% in the month of purchase and 60% in the month after purchase. The Accounts Payable balance on January 1 is $55,000. Prepare a schedule of cash payments for purchases for January and February, including the calculation for the Accounts Payable balance on February 28. Round to the nearest dollar. Begin by computing the total cash payments for direct materials for January and February. Then, compute the Accounts Payable balance at February 28. (Round all amounts you enter into the budget to the nearest whole dollar. If an input field is not used in the table leave the Input field empty; do not enter a zero.) Cash Payments January February Total direct materials purchases $ 191,640 $ 138,610 January February Cash Payments Direct Materials: Accounts Payable balance, January 1 $ 55,000 Jan.-Jan. direct material purchases paid in Jan. 76,656 Jan.-Jan. direct material purchases paid in Feb. $ 114,984 Feb.-Feb. direct material purchases paid in Feb. 55,444 Total payments for direct materials $ 131,656 $ 170,428 Accounts Payable balance, February 28 Feb.-Feb. direct material purchases paid in Mar